Escalating Trade Tensions: U.S. and China Consider Reciprocal Tariffs

China's Vice Premier He Lifeng raised concerns about U.S. tariffs and planned reciprocal duties during a conversation with U.S. trade chief Jamieson Greer. The exchange addressed key economic issues amidst rising tensions, as President Trump introduces further tariffs on Chinese goods, prompting China to retaliate with its own measures.

In a recent development, China's Vice Premier He Lifeng conveyed 'solemn concerns' over U.S. tariffs and the planned reciprocal duties during a video call with U.S. trade chief Jamieson Greer, as reported by Xinhua news agency.

During the discussion, both parties engaged in a 'candid and in-depth' conversation on pivotal economic and trade issues, agreeing to maintain communications. This call occurs in the context of U.S. President Donald Trump's anticipated imposition of reciprocal tariffs on Chinese goods, set for next week.

Since taking office, President Trump has enforced 20% levies on all Chinese imports, citing Beijing's insufficient measures to curb chemical precursors used in fentanyl production. In response, China countered with targeted tariffs between 5% and 15% on various U.S. goods, further straining the already tense bilateral relations marked by broader economic and geopolitical disputes.

(With inputs from agencies.)